Fed's Powell Held Phone All With Then-UBS CEO Ralph Hamers On March 14, Powell's Monthly Meeting Log Shows
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve Chairman Jerome Powell held a phone call with then-UBS CEO Ralph Hamers on March 14, according to Powell's monthly meeting log.
June 02, 2023 | 6:09 pm
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NEUTRAL IMPACT
Fed Chairman Jerome Powell's phone call with then-UBS CEO Ralph Hamers on March 14 is unlikely to have a significant short-term impact on the SPY ETF.
The phone call between Fed Chairman Powell and then-UBS CEO Ralph Hamers is not directly related to the broader market or the SPY ETF. As the content of the call is not disclosed, it is unlikely to have a significant short-term impact on the SPY ETF.
CONFIDENCE 90
IMPORTANCE 20
RELEVANCE 20
NEUTRAL IMPACT
Fed Chairman Jerome Powell held a phone call with then-UBS CEO Ralph Hamers on March 14, as revealed by Powell's monthly meeting log.
The news of the phone call between Fed Chairman Powell and then-UBS CEO Ralph Hamers is relevant to UBS as it involves the company's former CEO. However, the short-term impact on UBS stock price is neutral as the content of the call is not disclosed, and it is not clear if it has any significant implications for the company.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 80